Siyata Mobile (SYTA) Revenue Growth

Price: $2
Market Cap: $1.97M
Avg Volume: 696.52K
Country: CA
Industry: Communication Equipment
Sector: Technology
Beta: 1.087
52W Range: $1.8204-885.6
Website: Siyata Mobile

What is Siyata Mobile's Revenue Growth?

  • Siyata Mobile's annual revenue growth as of FY 2023 is 27.02%.
  • Siyata Mobile's quarterly revenue growth as of Q3 2024 is 210.03%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess Siyata Mobile's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $8.23M
    • Quarterly: $5.86M
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $5.58M
    • Quarterly: $4.16M
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: 9.49%
    • Quarterly Growth: 95.55%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $2.66M
    • Quarterly: $1.70M
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: 91.26%
    • Quarterly Growth: 820.47%

These metrics provide insights into Siyata Mobile's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

27.02%

Quarterly Revenue Growth

210.03%

Historical Annual Revenue Growth
53.94%53.94%35.17%35.17%16.40%16.40%-2.37%-2.37%-21.14%-21.14%-39.90%-39.90%Revenue Growth (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue Growth
300.00%300.00%200.00%200.00%100.00%100.00%0.00%0.00%-100.00%-100.00%Revenue Growth (Quarterly)Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '24
Historical Annual Revenue
$16.00M$16.00M$12.00M$12.00M$8.00M$8.00M$4.00M$4.00M$0.00$0.00Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue
$6.00M$6.00M$4.00M$4.00M$2.00M$2.00M$0.00$0.00-$2.00M-$2.00MRevenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Cost of Revenue
$12.00M$12.00M$9.00M$9.00M$6.00M$6.00M$3.00M$3.00M$0.00$0.00Cost of Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Cost of Revenue
$5.00M$5.00M$4.00M$4.00M$3.00M$3.00M$2.00M$2.00M$1.00M$1.00M$0.00$0.00Cost of Revenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Gross Profit
$3.20M$3.20M$2.40M$2.40M$1.60M$1.60M$800.00K$800.00K$0.00$0.00Gross Profit (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Gross Profit
$2.00M$2.00M$1.00M$1.00M$0.00$0.00-$1.00M-$1.00M-$2.00M-$2.00M-$3.00M-$3.00MGross Profit (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024

Siyata Mobile Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2023 $8.23M 27.02% $5.58M 9.49% $2.66M 91.26%
2022 $6.48M -14.10% $5.09M -10.31% $1.39M -25.60%
2021 $7.55M 25.97% $5.68M 28.71% $1.87M 18.33%
2020 $5.99M -39.90% $4.41M -40.79% $1.58M -37.27%
2019 $9.97M -4.54% $7.45M -16.56% $2.52M 66.45%
2018 $10.44M -26.05% $8.93M -19.08% $1.51M -50.98%
2017 $14.12M 53.94% $11.03M 57.95% $3.08M 41.13%
2016 $9.17M 28.37% $6.99M 23.11% $2.19M 48.69%
2015 $7.14M 0.00% $5.67M 0.00% $1.47M 0.00%
2014 $- 0.00% $- 0.00% $- 0.00%

Related Metrics

Explore detailed financial metrics and analysis for SYTA.